This PepsiCo Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday

Company News for Oct 2, 2026

Several major companies reported quarterly earnings with mixed results. Accenture surged 15.8% after beating earnings estimates, while McKesson gained 5.3% on maintained guidance. Conversely, Acuity fell 3.4% and Progress Software dropped 8.5% after missing revenue expectations.

Baird Maintains Neutral on Acuity, Lowers Price Target to $348

Acuity Brands Q4 2026 Earnings Call Transcript

Acuity Brands (NYSE:AYI) held its fourth-quarter earnings conference call on Thursday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial

Acuity Stock Slips Following Q4 Revenue Miss: What Investors Need to Know

Acuity is trading lower Thursday after reporting mixed Q4 results, as a modest revenue miss in its core lighting business weighs on sentiment.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

HSBC Downgrades Braskem to Hold, Lowers Price Target to $1.5

HSBC analyst Sriharsha Pappu downgrades Braskem (NYSE:BAK) from Buy to Hold and lowers the price target from $6.5 to $1.5.